Unemployment rate sees a decline in July September2022
25th Nov 2022
myonlineprep
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Unemployment rate sees a decline in July September 2022
- India's unemployment rate for people aged 15 years and above in urban areas eased to 7.2 percent in the fiscal second quarter ending September 30 from 9.8 percent a year earlier, indicating a sustained economic recovery following the coronavirus pandemic that had rendered millions jobless.
- Data from the National Statistical Office's 16th Periodic Labour Force Survey showed that the unemployment rate among females (aged 15 years and above) in urban areas slowed to 9.4 percent in July-September from 11.6 percent a year ago. In April-June, it was 9.5 percent.
- The unemployment rate among males in urban areas eased to 6.6 percent in the fiscal second quarter from 9.3 per cent in July-September 2021. It was 7.1 per cent in April-June 2022.
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